Current:Home > InvestThese are the best days of the year to shop for holiday deals on electronics -GrowthInsight
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-17 18:09:05
Some types of consumer electronics are already discounted more than a month before Christmas Day, but retailers are expected to roll out the sweetest deals of the year during the traditional price-slashing window between Black Friday and Cyber Monday.
Through November 16, shoppers can find 10% to 20% discounts on televisions, video game consoles, computers and other tech gear, according to Adobe Digital Insights. That lets consumers get a jump on their holiday shopping while still saving money.
"Now is a good period for consumers," Adobe Digital Insights manager Vivek Pandya told CBS MoneyWatch.
- See CBS Essentials for info on tech deals and buying guides
But consumers will have to weigh what is most important — getting the best deal or ensuring they getting the exact tech product they want.
"What they are negotiating is waiting for best discounts between Thanksgiving and Cyber Monday, or trying to get some of these items before they sell out," Pandya said.
When to find peak discounts
For shoppers who want to hold out for the greatest savings, it could pay to wait for the "Cyber Five" period, the five-day span between Thanksgiving and Cyber Monday, to buys products like TVs and sound systems. Other electronics will be discounted by as much as 30% on Cyber Monday, according to Adobe.
For TVs, look for discounts on Black Friday, which this year falls on November 24. The best day to shop for deals on computers will be Saturday, November 25, according to Pandya.
But retailers are nimble, and if they don't clear enough inventory during that period, they can introduce surprise discounts on other dates too.
"There are going to be competitive moments to get discounts throughout the season," he noted.
After Cyber Monday on November 27, discounts are likely to weaken but will remain as high as 16% off, Adobe projects.
Melissa Tatoris, vice president of retail at Zeta Global, also expects the best electronics deals to land on Cyber Monday, although shoppers could still find deep discounts later in the season.
"Retailers will be flexible if they have to go a couple basis points deeper toward the holidays because they didn't clear their inventory," she told CBS MoneyWatch.
After Christmas, retailers typically mark down any remaining seasonal inventory.
In years past, the best day of the year to score deals on electronics typically fell after Christmas on Dec. 27. But retailers are not expected to have a lot of excess inventory on hand this year.
"The risk with waiting until after Christmas is that typically that is when retailers mark down their extra seasonal inventory. However, retailers this year are signaling that they are doing a better job with forecasting and that their supply chains are in better shape," Deloitte retail strategy principal Brian McCarthy told CBS MoneyWatch.
"As a consumer, I could take my chances in getting a post-Christmas deal, but would risk the chance of not having a lot of selection," he said.
- In:
- Black Friday
- Holiday Season
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace issues, the business of health care, consumer spending and personal finance topics. She regularly appears on CBS News streaming to discuss her reporting.
veryGood! (75952)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Bryce Young limited during Panthers' preseason debut as Jets win without Aaron Rodgers
- Rebuilding Maui after deadly wildfires could cost more than $5 billion, officials project
- 'Last Voyage of the Demeter': Biggest changes from the Dracula book to movie (Spoilers!)
- Former longtime South Carolina congressman John Spratt dies at 82
- 16 people injured after boat explodes at Lake of the Ozarks in Missouri
- Paul Heyman fires back at Kurt Angle for criticizing The Bloodline 'third inning' comments
- Video shows ‘mob’ steal up to $100,000 worth of items at Nordstrom in Los Angeles: Police
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Busy Philipps Reflects on Struggle to Be Diagnosed With ADHD
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- James Harden calls 76ers President Daryl Morey a liar and says he won’t play for his team
- Every Time Mila Kunis Said Something Relatable AF About Motherhood
- Boston doctor arrested for allegedly masturbating, exposing himself on aircraft while teen sat next to him
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Prosecutors have started presenting Georgia election investigation to grand jury
- Travis Barker's New Tattoo Proves Time Flies With Pregnant Kourtney Kardashian
- Doctors struggle with how to help patients with heart conditions after COVID-19
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
How a DNA detective helped solve an unsolvable Michigan cold case in four days
The best horror movies of 2023 so far, ranked (from 'Scream VI' to 'Talk to Me')
'No time to grieve': Maui death count could skyrocket, leaving many survivors traumatized
All That You Wanted to Know About She’s All That
Aaron Taylor-Johnson Says He Has Nothing to Hide About His Family Life With Wife Sam Taylor-Johnson
The Taliban are entrenched in Afghanistan after 2 years of rule. Women and girls pay the price
2 dead after plane crashes into North Carolina lake, authorities say